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20130113
20130121
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CNBC 1
CSPAN 1
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CNBC
Jan 18, 2013 9:00am EST
and ceo of cheg, dan rosenweig is here. >> we've got breaking news from the federal government. senior economics reporter steve liesman has the story. >> the fed is supposed to release this morning the transcript from 2007. those are the ones where they tell you who said what during meetings. an unusual amount of attention to these, because this is the first response of the federal reserve to the crisis which you remember began in the summer of 2007. what are we going to be looking for? what folks were saying in three emergency meetings. three rate cuts totaling 1%. and of course, there was a big debate, inflation versus response to the financial crisis on august #th. putting out a statement saying the main concern was inflation, three days later the federal reserve said it would provide reserves as necessary to combat the financial crisis. here's why this is going to be historically important. the first declines there in 2007, then what we'll do is overlay inflation on this. you can see what the fed was dealing with at the time. you had rising inflation at the time. at the same time y
CSPAN
Jan 15, 2013 7:00am EST
themselves. host: next we will hear from a democratic caller, dan. if the debt ceiling negotiable? caller: it should not be. but if the republicans want to force negotiations, the president ought to prioritize by not sending any money to the republican-controlled states in the south. if he has the priorities. my suggestion for future show might be to get a list of all the donor states and all the receivers states. these people calling from the red states that gets $1.70 for every dollar they get and always screaming about cuts, if you should ask them if they are willing to deduct 5% from what they send to the federal government and live on that. thank you. host: chris in chicago, republican, your thoughts? caller: i don't think the debt ceiling should be negotiable, simply because the president won the election, congress also won reelection. it should not be. it's under a false premise. if the debt ceiling is not raised, that we would go into default. that's not true unless tim geithner air this id will actually follow the law and pay the service on the debt and collect more money in taxe
Search Results 0 to 1 of about 2